Self-Rental Real Estate: Passive Activity and Section 199A

The start date for this course has passed. Registration is no longer available.

This course is 2.00 credits
Instructor
Steven C. Dilley, CPA, JD, PhD
Field of Study
Tax
Course Level
Intermediate
Vendor
CPA Crossings LLC

Instructor

Steven C. Dilley, CPA, JD, PhD

Registration Fees

MSCPA-AICPA Member
$79.00
MSCPA Member
$79.00
AICPA Member
$79.00
Non-Member
$79.00
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Monday, Jun 8, 2020
9:30am – 11:30am

This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental. This course qualifies for PTIN credit. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental. This course qualifies for PTIN credit. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Designed For

CPAs working in public accounting and members in industry.

Course Objectives

To provide a working knowledge of the passive activity and flow-through entity rules for "self-rental property" and show how these situations should be reported on various tax forms.

Major Subjects

  • Definition of self-rental property
  • Self-rental income from directly owned properties and reporting on Form 1040, Schedule E, page 1
  • Self-rental income from indirectly owned (partnerships, S corporations) and reporting on Form 1040, Schedule E, page 2
  • Self-rental property and the Form 8582 (passive activity)
  • Self-rental property and the flow-through entity grouping election
  • Several real-life situations illustrate the various possibilities and discuss the consequences of failing to comply with the reporting standards
  • Self-rental property and "former passive activities" rules

Prerequisites

None

The start date for this course has passed. Registration is no longer available.